Acer founder says IoT is ‘Taiwan’s big opportunity’
Acer Inc. founder Stan Shih ( ) yesterday appealed to Taiwanese youth to embrace the Internet of Things (IoT), which he said is the country’s big market opportunity.
He said Taiwan has a key role to play in the global rise of the IoT, an industry term that describes objects enriched by connection to the Internet, like space heaters that can be controlled via smartphone.
The IoT is Taiwan’s big market opportunity, as many of the world’s sensor systems and wearable devices come from domestic manufacturers, Shih said at an annual IT trade show in Taipei.
Without Taiwan, IoT tech- nologies are unable to make major strides, he said.
Shih’s struggling PC firm had bet big on the IoT, acquiring the U.S. cloud technology provider iGWare in 2011 and rolling out an open cloud platform, Build Your Own Cloud (BYOC), to consumers last year.
Acer’s cloud platform enables hardware and software partners to build IoT applications, Shih said, stressing that the IoT market has room for big players as well as small and medium-sized enterprises.
Shih was speaking at the summit forum of 2015 COMPUTEX Taipei ( ), an ICT trade show that is Asia’s largest and the second-largest in the world.
This year’s summit forum, themed “IoT and the Cloud: Software to Hardware — The Next Step,” saw leaders of the tech industry talking up IoT applications. American research company International Data Corporation (IDC) forecasts that the IoT will become a US$2.9 trillion market by next year.
Johan Lodenius, chief marketing officer of Taiwanese chip-maker Mediatek Inc., predicted a “brand new world” after 2025 that is inhabited by integrated and connected devices and consumers that expect them.
Also yesterday, COMPUTEX Taipei hosted the Cloud Security Forum, with IBM, Intel, Trend Micro and other industry players pitching solutions for protecting corporate privacy and information on the cloud amid increasing security lapses.
The annual trade show runs until June 6 at the Taiwan World Trade Center Halls 1 and 3, Nangang Exhibition Hall and the Taipei International Convention Center.
As in more recent shows, vendors this year are spotlighting some leading developments in IoT applications.
Acer Inc. is at the fair with its Liquid Leap fitness bands and its abTouchPhone — a “desk phone” with a built-in Android tablet — and Asustek Computer Inc. is presenting its new health tracker VivoWatch.